Home » Daily Current Affairs Quiz – 29th July 2022

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Dear Readers, Daily Current Affairs Questions Quiz for SBI, IBPS, RBI, RRB, SSC Exam 2022 of 29th July 2022. Daily GK quiz online for bank & competitive exam. Here we have given the Daily Current Affairs Quiz based on the previous days Daily Current Affairs updates. Candidates preparing for IBPS, SBI, RBI, RRB, SSC Exam 2022 & other competitive exams can make use of these Current Affairs Quiz.

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1) Every year, International Tiger Day is observed on which of the following day?

(a) 28 July

(b) 29 July

(d) 27 July

(e) 26 July

2) Recently, the Union government has launched _______ schemes to support Micro, Small, and Medium Enterprises (MSMEs) in the pharmaceutical sector.

(a) three

(b) four

(d) five

(e) six

3) Which of the following has introduced a scheme to provide enhanced export credit risk insurance cover up to 90% for small exporters?

(a) Ministry of External Affairs

(b) SIDBI

(d) RBI

(e) SEBI

4) What is the projected GDP Growth rate of India in FY23, according to the International Monetary Fund (IMF) report?

(a) 6.9 percent

(b) 8.2 percent

(d) 7.8 percent

(e) 8.3 percent

5) Recently, Which of the following bank has developed an automated solution for the early resolution of stressed assets?

(a) State Bank of India

(b) HDFC Bank

(d) Union Bank of India

(e) ICICI Bank

6) Which payments bank has partnered with Tata AIG General Insurance Company Limited for providing TATA Accidental Guard policy to its customers?

(a) Fino Payments Bank

(b) India Post Payments Bank

(d) Airtel Payments Bank

(e) Jio Payments Bank

7) Which state cooperative bank has signed an MoU with Rajasthan Grameen Aajivika Vikas to set up the First Women’s bank named “Rajasthan Mahila Nidhi” in Rajasthan?

(a) Telangana

(b) Gujarat

(d) Karnataka

(e) Haryana

8) Which organization has been recognized as one of the “Most Preferred Workplaces of 2022” in the premiere edition of “Most Preferred Workplace 2022”?

(a) SAIL

(b) NTPC

(d) NLC

(e) HPCL

9) Who has been awarded the renowned Global Energy Prize 2022 for his contributions to transportation electrification and energy efficiency technologies?

(a) R Raveendran

(b) Kaushik Rajashekara

(d) Sunayna Kuruvilla

(e) Tanvi Khanna

10) Rashtriya Ispat Nigam has inked an MoU with Software Technology Parks of India (STPI) to establish a Centre of Excellence in_____________.

(a) Mumbai, Maharashtra

(b) Visakhapatnam, Andhra Pradesh

(d) Pune, Maharashtra

(e) Hyderabad, Telangana

11) Which organization signed an agreement with LG Electronics India and the Electronics Sector Skills Council of India to establish the MSME Center of Excellence?

(a) National Aluminium Company

(b) National Bank for Agriculture and Rural Development

(d) National Small Industries Corporation

(e) Bharat Heavy Electricals Limited

12) North Eastern Development Finance Corporation Ltd (NEDFi) has signed a Memorandum of Understanding to work jointly towards promoting investment in __________.

(a) Gujarat

(b) Madhya Pradesh

(d) Assam

(e) Andhra Pradesh

13) Which organization has signed an MoU with Damodar Valley Corporation (DVC) to explore the formation of a Joint Venture company (JVC) for exploring and setting up Hydropower and Pump Storage Projects?

(a) NHPC

(b) ONGC

(d) NTPC

(e) BPCL

14) Competition Commission of India (CGI) has approved the Rs. 12,325-crore merger deal between ___________ and the Citibank.

(a) HDFC Bank

(b) Axis Bank

(d) DBS Bank

(e) YES Bank

15) The Competition Commission of India (CCI) has approved the acquisition of an _______ stake in Tata Power Renewable Energy Limited (TPREL) by Greenforest New Energies Bidco Limited.

(a) 15.43%

(b) 11.43%

(d) 21.43%

(e) 32.43%

16) With which country did India recently conduct a maritime partnership exercise in the Andaman Sea?

(a) the Maldives

(b) Oman

(d) Sri Lanka

(e) Bangladesh

17) Where was the Indian Space Research Organization (ISRO) organized a unique three-day Human Space Flight Expo?

(a) Bengaluru, Karnataka

(b) Mumbai, Maharashtra

(d) Pune, Maharashtra

(e) Surat, Gujarat

18) Which of the following country have received membership status by the International Cricket Council during the current ICC Annual Conference in Birmingham?

(a) Cote D’Ivoire

(b) Uzbekistan

(d) All of the above

(e) Both (a) and (b)

19) Casper Ruud defeated Matteo Berrettini to win the men’s singles title at the Swiss Open 2022. He belongs to which country?

(a) Spain

(b) Norway

(d) Switzerland

(e) Russia

20) Recently, Atulananda Goswami passed away at the age of 87. He was a renowned ________.

(a) Writer

(b) Actor

(d) Politician

(e) Freedom Fighter

21) Balwinder Safri passed away recently at the age of 63. Which of the following band names do he form in 1990?

(a) Punjabi Boyz Band

(b) Safri Boyz Band

(d) Bhangra Boyz Band

(e) Rabba Boyz Band

22) Recently, Bob Rafelson passed away at the age of 89. He was a renowned _______________.

(a) Director

(b) Journalist

(d) Politician

(e) Cricketer

23) Where is the headquarters of Export Credit Guarantee Corporation of India located?

(a) Bengaluru, Karnataka

(b) Mumbai, Maharashtra

(d) Pune, Maharashtra

(e) New Delhi, Delhi

24) How many member countries are there in the International Monetary Fund (IMF)?

(a) 191

(b) 188

(d) 190

(e) 177

25) Who is the present Governor of Rajasthan?

(a) Acharya Devvrat

(b) Kalraj Mishra

(d) Ganga Prasad

(e) Lalji Tandon

Answers :

1) Answer: B

Global Tiger Day, often called International Tiger Day, is an annual celebration to raise awareness for tiger conservation, held annually on 29 July.
It was created in 2010 at the Saint Petersburg Tiger Summit in Russia.
Tigers are unfortunately the species that are nearing extinction.
Therefore, to spread awareness about the need to conserve tigers, International Tiger Day is marked every year.

2) Answer: A

The government has launched three schemes to support Micro, Small, and Medium Enterprises (MSMEs) in the pharmaceutical sector.
The plans call for technology advancement, establishing shared research centers, and constructing effluent treatment plants in clusters for pharma MSMEs, according to Union Minister Shri Mansukh Mandaviya.
According to him, small businesses should be able to modernize their facilities to meet international manufacturing standards.
The initiatives were launched by the chemicals and fertilizers ministry under the slogan “Strengthening Pharmaceuticals Industry” (SPI).
The programs offer support of up to Rs 20 crore per common facility, such as a research center, testing labs, and ETPs, in pharmaceutical clusters, as well as credit-linked capital and interest subsidies for MSME units in the pharmaceutical sector upgrading their technology.

3) Answer: C

ECGC has introduced a new scheme to provide enhanced export credit risk insurance cover to the extent of 90% to support small exporters under the Export Credit Insurance for Banks Whole Turnover Packaging Credit and Post Shipment (ECIB- WTPC & PS).
The scheme is expected to benefit some small-scale exporters availing of export credit with banks that hold the ECGC WT-ECIB covers.
This will also enable the small exporters to explore new markets/new buyers and diversify their existing product portfolio competitively.

About the Scheme :

Enhanced Cover to Banks

The enhanced cover shall be available for the manufacturer- exporters availing fund-based export credit working capital limit up to ₹ 20 crores (i.e., total Packaging Credit and Post Shipment limit per exporter/exporter-group) excluding the Gems, Jewelry & Diamond sector, and merchant exporters/traders.

4) Answer: C

The International Monetary Fund (IMF), in its latest World Economic Outlook report, has lowered its gross domestic product (GDP) growth forecast for India for the current financial year FY23 by 8% or 80 basis points to 7.4 percent from 8.2 percent estimated in April 2022.
Similarly, the IMF has also lowered India’s growth forecast for FY24 to 1 percent as against 6.9 percent earlier.
For India, the revision reflects mainly less favorable external conditions and more rapid policy tightening.
Russia’s invasion of Ukraine disrupted supplies of crucial commodities, pushing up prices globally in Feb 2022.
The Asian Development Bank lowered its growth forecast for India to2% for 2022-23 from 7.5% estimated earlier, given higher-than-expected inflation and monetary tightening.

5) Answer: D

State-owned Union Bank of India (UBI) is developing an automated solution for the early resolution of stressed assets, Union SARAS (Stressed Asset Recovery Automated Solution).
It will cover recovery actions under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI), Debts Recovery Tribunal (DRT), and Insolvency Bankruptcy Code (IBC).
Under the Union SARAS Stressed Asset Recovery Automated Solution, the software has been created for digitizing and automating the recovery of stressed assets.

6) Answer: B

India Post Payments Bank (IPPB) has Partnered with Tata AIG General Insurance Company Limited (TATA AIG) for providing TATA Accidental Guard policy to IPPB customers.
A special drive has commenced on 15th July 2022 in all post offices in Goa for covering the citizens of the state under this policy.

7) Answer: A

Rajasthan Grameen Aajivika Vikas Parishad (RGAVP) and Stree Nidhi Credit Cooperative Federation of Telangana (Stree Nidhi-Telangana) signed an agreement to set up a first-ever all-women-run cooperative bank called “Rajasthan Mahila Nidhi”.
The agreement was signed by RGAV Mission Director Manju Rajpal and Stree Nidhi managing director, G Vidhyasagar Reddy in the presence of rural development minister Ramesh Chand Meena at Indira Gandhi Panchayati Raj Institute.
The proposal to set up Rajasthan Mahila Nidhi was announced by Chief Minister Shri Ashok Gehlot in the 2022-23 budget speech.

8) Answer: B

NTPC has been recognized as one of the “Most Preferred Workplaces of 2022” in the premiere edition of “Most Preferred Workplace 2022” organized by Team Marksman in association with India
Dilip Kumar Patel, Director (HR), Munish Johri, Raid (West-1), and Anil Kumar Jadli GM HR received the felicitated award at a function held in Mumbai.

9) Answer: B

Kaushik Rajashekara, an Indian-origin engineering professor at the University of Houston, has been awarded the renowned Global Energy Prize.
Rajashekara received the prize in the category of New Ways of Energy Applications for his contributions to transportation electrification and energy efficiency technologies while lowering emissions from power generation.
The event will take place on October 12-14, during Russian Energy Week in Moscow.
The Global Energy Association selected just three persons from a record 119 nominations from 43 countries to receive the award this year.

10) Answer: B

A memorandum of understanding (MoU) was signed between Software Technology Parks of India (STPI), STPINEXT, and RINL-VSP (Visakhapatnam Steel Plant) for Industry 4.0 CoE (Centre of Excellence) for the promotion of innovation and start-up activities for RINL and other industries in and around Visakhapatnam
The MoU was exchanged between Atul Bhatt, CMD, RINL, and C.V.D. Ram Prasad, Director, STPI.

11) Answer: D

National Small Industries Corporation (NSIC) signed an agreement with LG Electronics India Pvt Ltd. and the Electronics Sector Skills Council of India in the presence of Shri Narayan Rane, Honorable Cabinet Minister, Shri Bhanu Pratap Singh Verma, Honorable Minister of State, Shri B. B. Swain, Secretary MSME, Shri P. Udayakumar, CMD, NSIC, and Shailesh Kumar Singh, AS&DC (ESSCI).
Tae Jin Chang, Head of Customer Service, LG India, and O. P. Singh, Centre Head, NTSC(Okhla), signed the Memorandum of Understanding.

12) Answer: D

A business chamber and North Eastern Development Finance Corporation Ltd (NEDFi) have signed a memorandum of understanding to work jointly towards promoting investment in Assam and other states of the region.
The agreement will contribute to various initiatives aimed at reforms, policy advocacy, ease of doing business, market linkages, and promotion of sustainable business practices.
Indian Chamber of Commerce Assam state council’s chairman Sarat Kumar Jain and NEDFi executive director S K Baruah signed the MoU in the presence of delegates of both organizations.

13) Answer: A

NHPC Ltd (National Hydro Electric Power Corporation Private Limited) has signed a Memorandum of Understanding (MoU) with Damodar Valley Corporation (DVC) to explore the formation of a Joint Venture company (JVC) for exploring and setting up Hydropower and Pump Storage Projects
State-owned hydro power giant NHPC has inked a pact with Damodar Valley Corporation to explore the possibility of forming a joint venture firm for setting up hydropower and pump storage projects.
As per a regulatory filing, the MoU heralds a new dawn in cooperation between the two power sector organizations in jointly harnessing the hydropower and pump storage projects as energy storage solutions.
This is in line with the national objective of Energy Transition i.e 500 GW of renewable energy by 2030 and net zero by 2070.

14) Answer: B

The Competition Commission of India (CCI) approves the acquisition of Citibank, N.A.’s (Citi) and Citicorp Finance (India) Limited’s (Citicorp) undertakings comprising their consumer banking activities by Axis Bank (Acquirer) under Section 31(1) of the Competition Act, 2002.
Under the terms of the proposed Rs 12,325 crore deal, which is one of the largest in India’s financial space, Axis Bank would take over Citi’s credit cards, personal loans, and wealth management businesses.

15) Answer: B

The Competition Commission of India (CCI) approves the acquisition of an 43% stake in Tata Power Renewable Energy Limited (TPREL) by Greenforest New Energies Bidco Limited (Greenforest).
Greenforest New Energies Bidco Limited (Greenforest) is an investment vehicle indirectly incorporated by BlackRock Alternatives Management, LLC. (BAM) and Mubadala Investment Company PJSC (MIC) for undertaking the Proposed Combination.
BAM is a wholly owned subsidiary of BlackRock.
BlackRock is a U.S. publicly traded company active in the provision of global investment management, risk management, and advisory services to institutional and retail clients.
BlackRock manages assets on behalf of institutional and individual investors worldwide.
MIC is an investment vehicle of the Government of Abu Dhabi, it manages investment and development in various industries including energy, utilities, and real estate.

16) Answer: C

A Maritime Partnership Exercise (MPX) was conducted between Japan Maritime Self Defense Force and Indian Navy in the Andaman Sea.

Aim :

To enhance interoperability and streamline seamanship and communication procedures.
This exercise is part of the ongoing efforts between the two navies toward ensuring safe and secure international shipping and trade in the Indian Ocean Region (IOR)
From India, an offshore patrol vessel INS Sukanya participated and from Japan JS Samidare, a Murasame class destroyer undertook various exercises including seamanship activities, aircraft operations, and tactical maneuvers as part of the operational interaction.
India – Japan Maritime Bilateral Exercise, JIMEX, between the Indian Navy (IN) and the Japan Maritime Self-Defence Force (JMSDF), which commenced in January 2012, has a special focus on maritime security cooperation.

17) Answer: A

The Indian Space Research Organization (ISRO) organized a unique three-day Human Space Flight Expo at Jawaharlal Nehru Planetarium in Bengaluru, Karnataka.
The expo commemorates Indian achievements in space and has been organized as part of the Azadi Ka Amrit Mahotsav celebrations marking 75 years of Independence.
It was inaugurated by ISRO Chairman Mr. S. Somanath, former ISRO chair A.S. Kiran Kumar, director of the U.R. Rao Satellite Center, M. Sankaran, and director of the human space flight program, R. Umamaheswaran.

18) Answer: D

Three nations have been granted membership status by the International Cricket Council during the current ICC Annual Conference in Birmingham.
Cote D’Ivoire from Africa, Cambodia from Asia, and Uzbekistan from Asia were all granted Associate membership status, bringing the overall number of ICC members to 108, including 96 Associates.
The two Asian teams bring the total number of Asian nations to 25, while Cote D’Ivoire is the twenty-first African nation.

19) Answer: B

The 2022 Swiss Open Tennis Tournament was won by Casper Ruud of Norway in Gstaad, Switzerland.
In the championship match, he outlasted Matteo Berrettini of Italy 4-6, 7-6(4), 6-2. Ruud won his ninth ATP (Association of Tennis Professionals)
Ruud won the Buenos Aires Open and Geneva Open before in 2022, making the Swiss Open his third victory overall.
Additionally, Ruud won the 2021 Swiss Open. Ruud ends Berrettini’s 12-match-winning run. Berrettini won awards in Stuttgart and London earlier this year.
Casper Ruud has won his ninth ATP title.

20) Answer: A

Veteran Assamese litterateur and winner of the Sahitya Akademi Award, Atulananda Goswami, has passed away at the age of 87.

About Atulananda Goswami :

Atulananda Goswami was Born in 1935, in Jorhat, Assam.
He had retired as a state government official and settled in Guwahati.
He was known as a short story writer, a litterateur, and a novelist par excellence.
He translated many English, Bengali, and Odia texts into Assamese and also Assamese texts into English.
Goswami’s other notable works include ‘Namgharia’ ‘Hamdoi Pulor Jon’, ‘Rajpaat’, ‘Polatok’ and ‘Ashray’.

21) Answer: B

Popular UK-based Punjabi singer Balwinder Safri Passed away at the age of 63.

About Balwinder Safri :

Safri was actively involved in the Bhangra music scene since the 1980s.
He also formed his band named Safri Boyz Band in 1990.
Some of the famous songs from his band were Boliyan, Ik Dil Karey, Rangle Punjab, O Rabba, Maa, Boli Boli, and many more.
He was known for his popular tracks like ‘O chan mere makhna’, ‘Pao Bhangra’, ‘Gal Sun Kuriye’, ‘Nachdinu’, Rahaye Rahaye” and “Chan Mere Makhna” etc.

22) Answer: A

Bob Rafelson, co-creator of “The Monkees” and director of the film “Five Easy Pieces” Passed away at the age of 89.

About Bob Rafelson :

Robert Jay Rafelson was born on February 21, 1933, in New York City, U.S.
He was an American film director, writer, and producer.
He was also one of the creators of the pop group and TV series The Monkees with BBS partner Bert Schneider.
Rafelson directed the 1987 film Black Widow, starring Debra Winger, and Mountains of the Moon (1990); and two more films starring Nicholson in Man Trouble (1992) and Blood and Wine (1997).

Awards & Honors :

Rafelson and Schneider won the Emmy Award for Outstanding Comedy Series as producers in 1967.
In 1971, he earned two Oscar nominations for the film Five Easy Pieces for best picture and screenplay

23) Answer: B

ECGC :

Headquarters: Mumbai, Maharashtra.
Chairman & MD: M. Senthilnathan
ECGC is a government-owned export credit provider.
GoI had initially set up Export Risks Insurance Corporation (ERIC) in July 1957.
It was transformed into Export Credit and Guarantee Corporation Limited (ECGC) in 1964 and to Export Credit Guarantee Corporation of India in 1983.
It is under the ownership of the Ministry of Commerce and Industry, Go
It is managed by an Asset Management Company comprising representatives of the Government, Reserve Bank of India, banking, insurance, and exporting community.
ECGC Ltd. is the seventh largest credit insurer in the world in terms of coverage of national exports.